Bloomberg News

Spain Meets Maximum Target at Bond Sale as Yields Fall

October 06, 2011

Oct. 6 (Bloomberg) -- Spain’s Treasury sold 4.5 billion euros of bonds due in 2014 and 2015, the Bank of Spain said, meeting its maximum target for the auction.

The April 2014 bond yielded an average 3.589 percent, compared with 4.813 percent the last time it was sold on Aug. 4, and the securities due October 2014 yielded an average 3.495 percent, compared with 4.291 percent when they were last issued in July, the Bank of Spain said.

To contact the editor responsible for this story: Emma Ross-Thomas at erossthomas@bloomberg.net


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